Dreamliner Costs Hit Norwegian Air

Net Profit Falls as Problems With 787 Partly Offset Higher Revenue

By

Gustav Sandstrom

Updated Oct. 24, 2013 9:31 a.m. ET

Norwegian Air Shuttle ASA Thursday reported a sharp fall in third-quarter net profit as the cost of temporarily replacing the fast-growing budget airline's Boeing Dreamliner jets partly offset higher revenue. Oslo-based Norwegian has taken its two 787 aircraft out of service for repairs several times in recent months.

The airline, which is counting on Boeing Co.'s 787 aircraft for its new long-haul services, booked third-quarter...